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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Vernon, CT
$ 179,000
ROI
24.4
Cash Flow/m
229- 2 Bed
- 1 Bath
- 980 sft
165 South Street #6, Vernon, CT, 06066
$ 185,000
ROI
20.1Cash Flow/m
15- 2 Bed
- 2 Bath
- 910 sft
201 Regan Road #30B, Vernon, CT, 06066
Rental Income
$ 102,500
ROI
20.0Cash Flow/m
6- 1 Bed
- 1 Bath
- 520 sft
83 Union Street #A, Vernon, CT, 06066
$ 259,000
ROI
29.9Cash Flow/m
733- 2 Bed
- 2 Bath
- 1198 sft
80 Country Lane APT 40, Vernon, CT, 06066
Why Invest in Vernon, Connecticut?
Investing in condos in Connecticut can provide stable returns, particularly given the state's diverse economy. With a rental yield of approximately 6% and an average cash flow of $1,200 per month, many investors find this market attractive. Furthermore, the appreciation rate for condos is expected to stay positive as suburban living remains in demand.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Rental prices for condos in Connecticut typically average around $1,800 per month, depending on the specific location and amenities. This can vary considerably based on market trends and demand in particular neighborhoods.
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